Trying to rent

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liam260
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by liam260 » Mon Nov 12, 2018 7:07 pm
Good evening,

I’ve been in my IVA for about a year now( I pay 140 a month) . I’m currently looking for a new place to live with my other half. We was currently living at my family.

We’re trying to get a house on rent not buy but due to my IVA no one is accepting us we have been looking for alittle over 6montbs now. My partner credit is avrage. Between us we earn 34k a year.

Is there anything I can do to help my situation ?

We do have a guarantor but I’ve been told even tho I have a IVA we won’t even be considered.
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kallis3
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by kallis3 » Mon Nov 12, 2018 7:22 pm
Hi,

You could try a private landlord - they don't normally do a credit check.
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Foggy
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by Foggy » Mon Nov 12, 2018 7:29 pm
Often a guarantor and / or increased deposit / rent in advance will tip the balance. As Kallis says, try private landlords as well. Many in an IVA have managed. You can also ask the agent to speak to the owner to see if they will accept regardless of the IVA -- try to find an agent who wants to help, rather than those who appear not to want to have to work for their commission !
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liam260
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by liam260 » Mon Nov 12, 2018 8:11 pm
Yeah we have tried that a few times but they have rejected us. Would it be worth hiding that fact I have a IVA ? I normally tell them when doing to viewing to save time as it takes weeks for moving date and stuff. We’re hoping to be in a place before Christmas
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liam260
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by liam260 » Mon Nov 12, 2018 8:14 pm
[quote="Foggy"] thanks you, yeah we have a guarantor all set up and is willing to help. I have offered a bigger deposit or a few months rent up front. As first time renters it’s extremely hard regarding our circumstances to find a decent place to live
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MerlinL14
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by MerlinL14 » Mon Nov 12, 2018 8:18 pm
Do not hide your involvement in an IVA in any contractual or legal paperwork or discussion. Failure to divulge this when asked would not be looked at lightly.
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liam260
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by liam260 » Mon Nov 12, 2018 8:59 pm
MerlinL14 wrote:
Do not hide your involvement in an IVA in any contractual or legal paperwork or discussion. Failure to divulge this when asked would not be looked at lightly.



Yeah sorry I meant that. Obviously I’ll tell them if they ask.
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Foggy
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by Foggy » Mon Nov 12, 2018 9:09 pm
liam260 wrote:
MerlinL14 wrote:
Do not hide your involvement in an IVA in any contractual or legal paperwork or discussion. Failure to divulge this when asked would not be looked at lightly.



Yeah sorry I meant that. Obviously I’ll tell them if they ask.


They will discover it on the credit check --- then you will have paid the search fee, which you will lose, and a search will be recorded on the file -- several such searches will further dent the credit record (though it can't really get much worse).
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Mrs_Brown
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by Mrs_Brown » Mon Nov 12, 2018 9:24 pm
Before my IVA I recall reading a post where someone working in a letting agent was open to the idea of an IVA because of allowances being made for rent in the budget, so they felt they were more likely to get paid the rent than from someone struggling to make ends meet with a poor score due to lots of debts. If you can evidence any current allowances you have for housing costs, assuming some are made to the family you are with, and explain the circs before applying, that might help your case somewhat. Letting agents make a pretty penny from those applications too, hopefully the new legislation will be in to cap their greedy fees soon. Good luck with your house hunting.
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